clester's Account Talk

Sort by newest Sort by date
The C fund is testing the August top when it reversed and the S fund is testing its 50 dma. This would be a logical place for a pull back. If not then we should head up to the 200 dma. Having all my trades, I'm tempted to go all G fund and wait for the pull back. We have had a good long bounce.
 
clester said:
Forgot yesterday was a holiday! So i guess my trade happens today instead :(
Click to expand...
The holiday hit me pretty good. I was stuck 50% in S fund ( -1.10%) but at least I missed today's drop.

How much will we drop? Idk, but the C fund is testing the 50 dma from above. If it can hold it then it should bounce. The problem is that the S fund never got above its 50 dma and it usually leads. So.... We are still in a bear market so be careful. I'm looking to buy back in and watching my system for clues.
 
The C fund should be able to get to the 200 dma now that it took out the previous high. The problem is that the S fund didn't and is not looking very strong but is right at it's 50 dma and the I fund Is similar to C fund. So there is a little confusion in the charts imo,

The C fund has about 2% upside to the 200 dma. That may be worth a trade. I will probably wait until next week to make a trade if I decide to play it. I don't like buying on Fridays unless its very compelling.
 
clester said:
The C fund should be able to get to the 200 dma now that it took out the previous high. The problem is that the S fund didn't and is not looking very strong but is right at it's 50 dma and the I fund Is similar to C fund. So there is a little confusion in the charts imo,

The C fund has about 2% upside to the 200 dma. That may be worth a trade. I will probably wait until next week to make a trade if I decide to play it. I don't like buying on Fridays unless its very compelling.
Click to expand...
C and I funds have broken out of the consolidation and should now run up to the 200 dma for a major test. Thats not too far from here so I wan't play it now. I expect a fail at that point and one more big drop before the year end rally. I will look to buy it there. A problem is that the S fund isn't leading and it's chart doesn't look as good.

Also, we seem to be following the presidential cycle and looks similar to 2011. If it continues to follow that pattern the scenario above will play out. Maybe a drop around the end of the month or early next month? I'll be watching.
 
Appreciate the thoughts Craig, those sentiments are pretty popular right now. However, with so many bears out on the prowl now, it just seems to provide the fuel for these runs that last longer than anyone would expect.

Next week should prove interesting, with Apple and the Fed. I say that if they jam this thing up until then, they will slam it down immediately following.
 
JamesE said:
Appreciate the thoughts Craig, those sentiments are pretty popular right now. However, with so many bears out on the prowl now, it just seems to provide the fuel for these runs that last longer than anyone would expect.

Next week should prove interesting, with Apple and the Fed. I say that if they jam this thing up until then, they will slam it down immediately following.
Click to expand...

That may be what happens. Honestly, I shoulda kept my 50% stock allocation until now. The 200 dma test on C fund should decide the direction. I may go through it a little before backing off so I will be patient.

It is troubling that the S fund is struggling. I think you have to focus on C and I funds right now though.

My system is still in bear market mode. Meaning I will go at most 50% stocks unless we get something compelling to make me go 100%.

Thanks for the input
 
clester said:
That may be what happens. Honestly, I shoulda kept my 50% stock allocation until now. The 200 dma test on C fund should decide the direction. I may go through it a little before backing off so I will be patient.

It is troubling that the S fund is struggling. I think you have to focus on C and I funds right now though.

My system is still in bear market mode. Meaning I will go at most 50% stocks unless we get something compelling to make me go 100%.

Thanks for the input
Click to expand...
BTW, the S fund lagging happened in 2011 too.
 
You must log in or register to reply here.

Similar threads

UNIX84
UNIX84 Account Talk
Replies
14
Views
3K
tsptalk
tsptalk
tsptalk
  • Article Article
TSP Talk - The bulls are back
Replies
0
Views
134
tsptalk
tsptalk
tsptalk
  • Article Article
TSP Talk - The bulls took charge after monetary policy green light
Replies
0
Views
3K
tsptalk
tsptalk
tsptalk
  • Article Article
TSP Talk - Stocks tentative in front of today's jobs report
Replies
0
Views
3K
tsptalk
tsptalk
tsptalk
  • Article Article
TSP Talk - An inauspicious start to the New Year
Replies
1
Views
132
nasa1974
nasa1974
Back
Top